Monthly Archives: February 2010

Broadband users seen to reach 5 million this year

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Date posted on February 28, 2010

MANILA, Philippines – Globe Telecom, a premier telecommunications services provider in the Philippines, expects the total broadband market in the country to continue its robust growth, reaching four to five million users by year’s end.

Leading presidential bets’ six topmost concerns

Part-time employee may demand 13th month pay

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Dear PAO, I am a part-time teacher in a computer school here in Negros Occidental. I am usually paid on an hourly basis for my work. For five years now, I have not received any 13th month pay. I thought this is ok until I read the Labor Code of the Philippines stating that the…

US growth likely slowing after big yearend spurt

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WASHINGTON (AP) — The recovery is losing steam. The US economy is now likely expanding at just half the brisk 5.9 percent pace at which the government on Friday estimated it grew last quarter. Business spending will make up for some of a slowdown in consumer spending – but not likely enough to reduce the…

Pinoy seamen’s remittances up

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MANILA, Philippines – Filipino sailors working on foreign vessels have remitted a total of $3.4 billion in 2009, up by 12 percent from $3.043 billion in 2008, the Trade Union Congress of the Philippines (TUCP) said yesterday.

Mixed blessing: credit card reform may shock some

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New credit card law restricts bank tactics, but sent interest rates up and credit lines down NEW YORK (AP) — Your next credit card statement is going to contain an ugly truth: how much that card really costs to use.

Mikey A lashes back at critics bucking his bid for party-list seat in Congress

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Stressing no one enjoys the monopoly of representing the marginalized sectors, presidential son and Pampanga Rep. Juan Miguel â€œMikeyâ€ Arroyo yesterday lashed back at party-list representatives who have been criticizing him over reports he is seeking a party-list seat in Congress, saying they too come from the privileged sector of the society.

Reproductive health lack curbs development

Save the sugar farming sector

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PERHAPS because the President and the First Gentleman are from sugar-farming provinces, the Arroyo administration worked successfully to defer implementation of zero tariff on sugar trading within the Asean Free Trade Area.

Mikey: Who said party-list representatives are marginalized?

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MANILA, Philippines – The height of hypocrisy and utmost arrogance. Pampanga Rep. Juan Miguel “Mikey” Arroyo scoffed yesterday at allegations of some party-list lawmakers that he is not from the marginalized sector.

Signs of Japanese recovery lift Philippine stocks

Protest actions looming against tuition increases

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Students and youth groups are gearing up for a huge protest action against tuition and other school fee increase while public and private schools gear up for protests against tuition and other fee increases.

DOH to defy bishops over condom row

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Malacañang, apparently defying the country’s influential bishops, on Thursday said that it would allow the Department of Health (DOH) to continue with free distribution of condoms but that the agency could approach the Cabinet if it wanted to reconcile conflicting policies.

Cabral to give away contraceptive pills this time

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MANILA, Philippines – It was condoms on Valentine’s Day, and now it’s contraceptive pills. Health Secretary Esperanza Cabral clarified yesterday that the government plans to give the contraceptive pills only to interested couples.

Business sector confidence hits two-year high

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MANILA, Philippines – Businessmen are more optimistic that the domestic economy would recover from the worldwide economic slump this year on the back of moderate inflation, a steady stream of remittances from Filipinos abroad, election-related spending, and continued foreign investment inflows.

What awaits the auto industry in 2010?

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MANILA, Philippines – Perhaps the end of 2009 couldn’t have come sooner as it did – putting behind a year of reeling from Ondoy and the lingering effects of the nefarious sub-prime bubble burst of 2007 – the latter truly a shot heard around the world.